HORMUZ TRACKER: Widespread U-Turns Take Place Amid Iran Warning

The Strait of Hormuz seen from a satellite.

Source: NASA

Shipping through the Strait of Hormuz briefly surged early Saturday before collapsing as Iran warned shipping in the area that the corridor was closed to maritime traffic once again. A broadcast, heard by vessels in the area, coincided with multiple freighters performing U-turns.

A total of 12 commercial ships completed successful outbound transits on Saturday morning London time, before it became clear that Iran was halting transits again. At least half of those that did get out had links to Iran. During the same period, inbound movement was restricted to just three carriers, vessel-tracking data compiled by Bloomberg show.